Bearish 3 line strike Candlestick pattern.#stockmarket #stockmarketforbeginners #traders

A bearish three line strike is made up of 4 candle continuation pattern, that form during a downtrend. the pattern is made up of 3 bearish candles,and 1 large bullish candle,
The first 3 candles, are 3 strong bearish candles, that close increasing lower,
followed by a single bullish strike candle , the strike candle should OPEN at, or lower than the close of the third candle,and close higher than the open of the first candle.
The pattern indicates that the bears are in control
And there is a strong downward movement, shown by the 3 red candles.
The bulls have regained strength , and moved price higher, resulting in in green candle,
engulfing the previous candles . even though the move is violent, and sudden a lot of market participants still are bearish, given the falling trend, look to take a short position, once price falls below the 4th candle, and place the stop loss, above the base of the 4th candle, the target can be at least 1 is to 5 risk to reward ratio.

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Видео Bearish 3 line strike Candlestick pattern.#stockmarket #stockmarketforbeginners #traders канала Ellybelly